American Funds 2070 Trgt Date Retire R4 (RCAEX)
| Fund Assets | 229.58M |
| Expense Ratio | n/a |
| Min. Investment | $250 |
| Turnover | 7.00% |
| Dividend (ttm) | 0.07 |
| Dividend Yield | 0.57% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 26, 2024 |
| Previous Close | 12.34 |
| YTD Return | 11.99% |
| 1-Year Return | n/a |
| 5-Year Return | n/a |
| 52-Week Low | 9.67 |
| 52-Week High | 12.36 |
| Beta (5Y) | n/a |
| Holdings | 16 |
| Inception Date | May 3, 2024 |
About RCAEX
The American Funds 2070 Target Date Retirement Fund Class R-4 is a target date mutual fund designed to help investors save and invest for retirement, with an investment horizon around the year 2070. Its primary function is to provide a diversified portfolio that automatically adjusts its asset allocation as the target retirement date approaches. Early in the investment cycle, the fund emphasizes growth by allocating a larger proportion of assets to equities. Over time, it gradually shifts its focus toward income and capital preservation, increasing exposure to fixed income, equity-income, and balanced strategies as the 2070 target date nears. The fund is part of the American Funds Target Date Retirement Series, managed by a team with extensive industry experience. This series is known for its objective-based glide path, which allocates broadly across stocks and bonds and places greater emphasis on equities, particularly dividend-paying stocks, to address longevity risk while aiming to manage market volatility. The fund is intended for investors seeking a professionally managed, hands-off approach to retirement investing, providing automatic rebalancing and diversification to align with changing retirement needs.
Top 10 Holdings
80.00% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds New Perspective R6 | RNPGX | 10.01% |
| American Funds SMALLCAP World R6 | RLLGX | 9.99% |
| American Funds Fundamental Invs R6 | RFNGX | 8.99% |
| American Funds New World R6 | RNWGX | 8.01% |
| American Funds Washington Mutual R6 | RWMGX | 8.01% |
| American Funds Capital World Gr&Inc R6 | RWIGX | 7.99% |
| American Funds AMCAP R6 | RAFGX | 7.01% |
| American Funds Invmt Co of Amer R6 | RICGX | 7.00% |
| American Funds Growth Fund of Amer R6 | RGAGX | 6.99% |
| American Funds American Balanced R6 | RLBGX | 6.00% |